Bonneville Phoenix Network
 KTAR News
 Arizona Sports
Latest News

Mayor Greg Stanton: Phoenix's economy coming back in a big way

PHOENIX -- Arizona lost about 300,000 jobs during the recession. Most of which occurred in the construction field.

But speaking at an AFL-CIO breakfast Monday, Phoenix Mayor Greg Stanton said the city is on the way back in a big way.

"In terms of job creation, Phoenix is the fastest growing recovery economy in the nation," Stanton said. "But let's be honest, that was off a very low base. We were hammered during the recession and there's a lot of people suffering."

Because too many people still remain unemployed or underemployed, Stanton noted that there's no cause for celebration until everyone benefits in this recovering economy.

The unions also voiced several concerns at the Labor Day breakfast, among them was the huge drop in household income from $64,000 in 2000 to $55,000 dollars in 2013 and the fact that the average CEO earned 354 times the average wage of a U.S. worker last year.

About the Author

Position: Senior News Reporter. Started with KTAR July 4, 1999.

Favorite spots in Arizona: Pinetop-Lakeside, Alpine, Greer.

Have covered some of the biggest stories in Arizona including nine of the top 10 largest wildfires in state history. The Wallow Fire in 2011 became the largest fire in state history. Rodeo-Chediski Fire in June 2002, which is the second largest fire in Arizona. Covered the Yarnell Hill Tragedy in June 2013 that left 19 Granite Mountain Hotshots dead.

Favorite movies: True Grit, both 1969 John Wayne classic and the remake with Jeff Bridges and Lonesome Dove.

Sports Teams: Washington State University Cougars, Texas Longhorns, The University of Montana Grizzlies.


comments powered by Disqus
Latest News